Supreme Court: Insurers Can’t Withdraw Contracts for Hidden Exclusion Clauses
Case Title: M/s. Texco Marketing Pvt. Ltd. v. TATA AIG General Insurance Company Ltd. And Ors. CA No. 8249 of 2022 Summary The Supreme Court has issued a warning to…
High Court the Gateway: Supreme Court Limits Direct Appeals of NCDRC Orders
Case Title: M/S Universal Sompo General Insurance Co. Ltd. V. Suresh Chand Jain, Special Leave Petition (Civil) No. 5263 Of 2023 Summary The Supreme Court has granted special leave to…
Supreme Court Ruling: Insurance Companies Cannot Introduce New Grounds for Denying Claims
Case Title: JSK Industries Pvt Ltd vs Oriental Insurance Company Limited | 2022 LiveLaw (SC) 884 | CA 7630 OF 2022 | 18 October 2022 | Justices Dinesh Maheshwari and…
Wife’s Claim Wins: Supreme Court Raises Compensation Based on Uncontested Income
Case Title: Mamta Devi & Ors. v The Reliance General Insurance Company Limited & Anr. Summary The Supreme Court has awarded enhanced compensation to the kin of a deceased employee…
Supreme Court: Bachelor’s Age Sets Compensation, Not Dependents, in Motor Accident Claims
Case Title : Giasi Ram and another versus ICICI Lombard General Insurance Co and others Summary The Supreme Court has ruled that the multiplier should be calculated according to the…
Insurance Agents Beware: Jammu & Kashmir Court Holds You Liable for Errors
Case Title: Inder Jeet Singh Vs ICICI Lombard and another Summary The Jammu and Kashmir High Court has ruled that insurance agents, acting as intermediaries between clients and insurance companies,…
Supreme Court Ruling: Delayed Theft Notification and Insurance Claims
Summary The Supreme Court has ruled that a mere delay in notifying an insurance company about a theft is insufficient to justify the denial of the insured's claim. The court,…
Karnataka High Court: Insurance Breaches & Third-Party Liability – What Policyholders Need to Know
Case Title: BASAVARAJA BEERAPPA KAMBALI v. THE CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LTD & others Summary The Karnataka High Court has reaffirmed that an insurance company is obligated to compensate…
Caught Red-Handed! Supreme Court Bars Insurers from Hiding Exclusion Clauses
Case Title: M/s. Texco Marketing Pvt. Ltd. v. TATA AIG General Insurance Company Ltd. And Ors. CA No. 8249 of 2022 Summary The Supreme Court issued a warning to insurance…
Supreme Court Backs Insurers: Hidden Facts in Proposals Can Void Policies
Case Title: Reliance Life Insurance Co Ltd vs. Rekhaben Nareshbhai Rathod Summary The Supreme Court has ruled that an insurer can reject a claim if the insured fails to disclose…